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New Oxfam estimates show that 263 million more people could be pushed into extreme poverty in 2022, due to the combined impact of COVID-19, inequality and food and energy price inflation – accelerated by the war in Ukraine. Without urgent and bold national and international action, inequality and poverty will deepen, with poorer countries – many of which face looming debt crises – pushed deeper into poverty.

In a new report, 'Learning the Lessons', international agency Oxfam says that the aid community needs to fundamentally change the way it deals with food crises in the region and help communities to better prepare for recurring emergencies.

The European Union is set to review its entire framework for development cooperation. This position paper sets out Oxfam's vision on the red lines that an improved policy should uphold.

Responding to President Trump’s speech at the World Economic Forum in Davos today, Amitabh Behar, Oxfam's representative at the World Economic Forum Annual Meeting in Davos, said: “Don't be fooled by President Trump's glowing self-review.  This was a speech for the billionaires that the President's agenda has propped up at the expense of millions of ordinary Americans."

Ending extreme inequality to end poverty has no lack of policy options: from corporate tax reform to investment in health and education, and from raising the minimum wage to ending gender discrimination. This discussion paper aims to put one of these solutions on the agenda: the billionaire tax.

In response to the announcement today that World Bank President David Malpass will step down from his position by the end of June, Nadia Daar, Head of Oxfam International’s Washington DC Office, said: “If shareholders really want to ‘evolve’ the World Bank, then here is their golden opportunity. Malpass’ successor must be hired based on an open, merit-based and transparent selection process rather than the 80-year-old gentleman's agreement which sees the job automatically go to someone from the US. This is critical for the credibility and future strength of multilateralism."

In January alone, billionaire wealth surged by $314 billion ―around $10 billion a day. This is more than the combined wealth of the 2.8 billion people who make up the poorest third of humanity. 

Campaigners from the People’s Vaccine Alliance say the refusal of pharmaceutical companies to openly share their vaccine science and technology and the lack of action from rich countries to ensure access to vaccines globally have created the perfect breeding ground for new variants such as Omicron.

Oxfam estimates that just one of the richest men in Ghana earns from his wealth more in a month than one of the poorest women could earn in 1,000 years. In this report, we call on the government of Ghana to use public spending to reduce inequality and put women’s economic empowerment at the heart of policymaking.  

Today, European justice ministers agreed on a proposal for a law to make companies accountable for the damage they cause to people and the planet.